Articles from AgriFORCE Growing Systems Ltd.

Letter of Intent signed to acquire 5MW Bitcoin mining facility in Madison Township, Ohio

Innovative Use of Heat and Carbon Capture to Foster Agricultural Growth in Alberta

VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (NASDAQAGRI), a leading intellectual property-driven technology company, is pleased to announce the completion of its acquisition of a bitcoin mining facility in Sturgeon County, Alberta, Canada. Acquired for $1.5 million in cash, this cutting-edge facility represents a cornerstone of AgriFORCE's integrated strategy, blending sustainable energy, advanced data operations, and innovative agricultural solutions.

VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQAGRI), an intellectual property focused agtech company, today announced the Company’s Board of Directors has approved a reverse stock split of the Company’s issued and outstanding common shares whereby every one hundred (100) shares of its outstanding common shares will automatically be combined into one (1) common share. The reverse split was approved by the Company’s shareholders on November 25, 2024 and will be effective as of the commencement of trading on December 5, 2024. The reverse stock split is being implemented for the purpose of complying with the closing bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2).

Strategy to reduce environmental impact while producing multiple revenue streams

VANCOUVER, British Columbia, Oct. 22, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (the “Company”) (NASDAQAGRI), an intellectual property (IP) focused technology company, announces today that Jolie Kahn, Chief Executive Officer, will present a corporate overview at the LD Micro Main Event XVII. The conference is being held on October 28 – 30, 2024 at the Luxe Sunset Boulevard Hotel in Los Angeles.

RCS provides opportunities for diversification into new markets and verticals as well as potential augmented sources and drivers of revenue.

Strategic acquisition strengthens IP portfolio with the addition of patent-pending technology proven to eliminate pathogens in food production and storage facilities and indoor farms, commercial and industrial applications, hospitals, schools, residential applications and more

Patent bolsters the Company’s global agricultural IP portfolio

VANCOUVER, British Columbia, June 26, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (the “Company”) (NASDAQ: AGRI; AGRIW) announces that it has retained Barrett Mooney as an Agricultural Technical Consultant.

VANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (the “Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP) focused AgTech company, issues a letter to shareholders from Chairman, David Welch, and CEO, Jolie Kahn.

Seasoned turnaround advisor and corporate attorney brings over 25 years leadership experience in the public markets

VANCOUVER, British Columbia, June 17, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP) focused AgTech company, announces a share repurchase program.

Patent strengthens the Company’s agricultural IP portfolio

VANCOUVER, British Columbia, May 09, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP) focused AgTech company, completed delivery of its first batch of eight second-generation AgriForce RCS-Hydroxyl devices, known as the “QuadPro,” to be introduced into the Mexican market, as arranged by its Mexico distributor, Distributor Commercializadora DESICO, a leading distributor of Greenhouse heating, and air ventilation systems in Mexico.

VANCOUVER, British Columbia, April 30, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP) focused AgTech company, announces that IP Australia, the intellectual property branch of the Australian government has granted the Company a standard patent for its high fiber, high protein, low carbohydrate flour. Patent number 2018215090, titled, “High fiber, high protein, low carbohydrate flour, sweetened liquid, sweeteners, cereals, and methods for production thereof,” was granted on April 4, 2024.

VANCOUVER, British Columbia, Nov. 22, 2023 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP) focused AgTech company, today provided the following update from the Company’s interim CEO and CFO, Richard Wong:

VANCOUVER, British Columbia, Oct. 27, 2023 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP) focused AgTech company, today announced that the Company received notice from Nasdaq on October 26, 2023, indicating that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).

VANCOUVER, British Columbia, Oct. 11, 2023 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP)-focused agtech company, announced today that AgriFORCE together with Desico, a leading distributor of HVAC systems in Mexico, and their partner Radical Clean Solutions Ltd, will be exhibiting at EXPO Guanajuato 2023 (“EXPO”) to showcase their revolutionary AgriFORCE/RCS Hydroxyl Devices. The EXPO, the largest AgTech exposition in Latin America, will be held November 7-10, 2023.

VANCOUVER, British Columbia, Oct. 10, 2023 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property focused agtech company, today announced the Company’s Board of Directors has approved a reverse stock split of the Company’s issued and outstanding common shares whereby every fifty (50) shares of its outstanding common shares will automatically be combined into one (1) common share. The reverse split was approved by the Company’s shareholders on October 4, 2023 and will be effective as of the commencement of trading on October 11, 2023. The reverse stock split is being implemented for the purpose of complying with the closing bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2).

Proprietary system seeks out and destroys airborne and surface-based mold, bacteria, viruses and other pathogens in real-time

VANCOUVER, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP)-focused agtech company, today announced the commercial launch and first purchase order for its AgriFORCE-RCS Hydroxyl device with Commercializadora DESICO (“DESICO”), a leading distributor of AC, heating and air ventilation systems. The AgriFORCE RCS-Hydroxyl device, developed by Radical Clean Solutions Ltd (RCS), is a chemical-free technology proven to eliminate pathogens, mold, mildew, and volatile organic compounds (VOCs) in food production facilities and indoor farms.

First year minimum revenue expected to be $600,000

Independent lab results confirm UN(THINK)™ Awakened Flour nutritional advantage with over 5x the fiber, 2x the protein, and 77% less net carbs than regular all-purpose flour

VANCOUVER, British Columbia, July 24, 2023 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an agtech company focused on advancing sustainable cultivation and plant-based products, today provided a business update following the recent restructuring of management.

David Welch and John Meekison appointed Co-Chairs of the Board of Directors

VANCOUVER, British Columbia, July 14, 2023 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW), an intellectual property (IP)-focused AgTech company dedicated to advancing sustainable cultivation and crop processing across multiple platforms, today announced that following the recent Binding LOI to acquire Berry People, LLC (“Berry People”), the parties have mutually agreed to extend the closing date until the end of August 2023, in order to allow both parties more time to complete certain closing conditions, including finalization of the Berry People audit. AgriFORCE and Berry People remain fully committed to the transaction.

Completed Readiness for Launch of its Hard Red Wheat, a One-of-a-Kind Germinated Wheat Flour for Bread Products

Joint venture expands AgriFORCE’s global reach and enables growth opportunities

Decision follows extensive due diligence, as well as careful evaluation of projections and market conditions

CCNY’s BIC Master’s Program students to develop a strategic and creative 360-degree communication plan for the launch of UN(THINK) products

TerraProtein brings a proven track record supporting M&A within the food and agricultural industries

VANCOUVER, British Columbia, May 08, 2023 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP)-focused agtech company dedicated to advancing sustainable cultivation practices and food and plant products, today announced the management of AgriFORCE will be attending The Inaugural EF Hutton Global Conference, which will be held on May 10-11, 2023, at the Plaza Hotel in New York City.

Implements strategy to prioritize near-term, cash flow opportunities as well reduce operating expenses and capex commitments

VANCOUVER, British Columbia, Feb. 23, 2023 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP)-focused agtech company dedicated to advancing sustainable cultivation practices and food and plant products, today announced it was granted a patent from the United States Patent and Trademark Officer (USPTO) titled “Structures for Growing Plants,” relating to its FORCEGH+ facilities.

Berry People’s 2022 unaudited net revenue was USD $37 million

VANCOUVER, British Columbia, Jan. 23, 2023 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP)-focused agtech company dedicated to advancing sustainable cultivation practices and food and plant products, today provided a report on its ongoing investigation into potentially improper and/or illegal trading activities, including naked short selling, of the Company’s common stock.

One-of-a-kind sprouted wheat flour provides an increased percentage of fiber and protein compared to regular all-purpose baking flour

VANCOUVER, Jan. 12, 2023 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company") (NASDAQ: AGRI; AGRIW), an intellectual property (IP)-focused AgTech company dedicated to advancing sustainable cultivation and crop processing across multiple platforms, today announced that it was granted a patent from the United States Patent and Trademark Office (USPTO) related to its proprietary method of naturally modifying and processing grains, rice, seeds and pulses into low-starch, high-protein, fiber-rich baking flour products, as well as a wide range of breakfast cereals, juices, natural sweeteners and baking enhancers. These unique processes and methods were acquired through the Manna Nutritional Group acquisition completed in May 2022.

VANCOUVER, British Columbia, Jan. 18, 2023 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company") (NASDAQ: AGRI; AGRIW), an Intellectual Property (IP) -focused AgTech company dedicated to advancing sustainable cultivation and crop processing across multiple verticals, today announced a collaboration with the government of Barbados. As a first step, AgriFORCE and Delphy Groep BV (Delphy) plan to conduct a feasibility and technical study by the summer of 2023 related to the development of controlled environment agriculture facilities (CEA) for fruits and vegetables. These facilities are intended to supply schools, hospitals, government offices and institutions, as well as retail and food service establishments on the island and for export to other Caribbean markets. These planned facilities would be in addition to the Company’s previously announced agreement to deploy its proprietary FORCEGH+ facility and IP in Barbados.

Built Solid Foundation in 2022 and Anticipates Significant Growth and Success in 2023

Expects to Complete Acquisition of Delphy Groep in early 2023

The “better for you” flour leverages a patent-pending process to produce a tastier, more nutritious, easier-to-digest product and is now launching in Canada and the U.S.

All stockholders of record as of November 1, 2022 are encouraged to vote their shares on or before 9AM Pacific Time / 12PM Eastern Time on December 7, 2022

VANCOUVER, British Columbia, Nov. 30, 2022 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company") (NASDAQ: AGRI; AGRIW), an intellectual property (IP)-focused AgTech company dedicated to advancing sustainable cultivation and crop processing across multiple platforms, today announced that Ingo Mueller, Chief Executive Officer of AgriFORCE, and Mauro Pennella, President of AgriFORCE Brands, are scheduled to present at two upcoming virtual investor conferences. Management will also host 1x1 meetings with qualified investors throughout both conferences. Presentation details are as follows.

Patent further strengthens Company’s extensive IP portfolio and covers the unique process for naturally processing grains, pulses into highly nutritious flours under the UN(THINK)™ Foods Brand

Patent Strengthens its IP Portfolio and Further Protects its Innovative Solutions

Social Media, Web and E-commerce presence ramping up in parallel with initial B2B sales activities

Patent Expands IP Portfolio in Advance of Developing First Coachella Campus

With over 20 years of B2B tech and legal experience, Beaulieu will play an instrumental role in AgriFORCE’s merger and acquisition strategy

VANCOUVER, BC / ACCESSWIRE / May 11, 2022 / AgriFORCE Growing Systems Ltd. ("the Company") (NASDAQ:AGRI; AGRIW), an intellectual property (IP)-focused AgTech company dedicated to advancing sustainable cultivation and crop processing across multiple verticals, today announced that it has been invited to present at the Spring Into Action - Best Ideas Investor Conference, which is being held virtually on May 16th - 20th, 2022. Management is